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IASB Update – May 2015 - Dynamic risk management

  • IFRS - IASB Image
  • IFRS - Meeting Image

May 27, 2015

On May 27, 2015, the International Accounting Standards Board released a summary of its meeting held on May 18-20, 2015, the IASB met at its offices in London, UK.

On May 20, 2015, the IASB met to discuss proposed next steps on the project. The IASB tentatively decided (i) that it should first consider how the information needs of constituents concerning dynamic risk management activities could be addressed through disclosures before considering those areas that need to be addressed through recognition and measurement, (ii) to prioritize the consideration of interest rate risk and consider other risks at a later stage in the project; and (iii) to establish an Expert Advisory Panel at a later stage in the project.

Review the IASB Update

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